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FEXCO Awarded Coveted International Information Security Accolade
22nd December 2008
FEXCO announced today that it has been awarded the coveted ISO 27001 international information security certification for its Prize Bonds operation.

According to FEXCO, achieving the accreditation means that customers who entrust FEXCO with their data are reassured that best practice procedures are applied throughout the operation at a time when data and process security is under rigorous scrutiny.

The announcement was made following the €1 million Christmas Jackpot Prize Bonds draw, which was the fourth €1 million Jackpot draw to be held this year.

Awarded by Certification Europe, the internationally recognised information security standard ensures that certified organisations select and implement adequate and proportionate security controls, which protect information assets and give confidence to stakeholders including customers.

The international accolade delivers a range of benefits to the Prize Bonds scheme. These include providing a framework for implementing and managing security controls; managing security risks cost effectively; best practice compliance with laws and regulations; optimising new and existing information security management processes and activities; and use by internal and external auditors to determine compliance with information security-related policies, directives and standards.


“FEXCO’s certification to ISO 27001 is a significant achievement and places the company amongst a select few who have successfully achieved the standard. The assessment and certification by Certification Europe provides independent and external validation that FEXCO's approach to managing information security is comprehensive, effective, and meets international standards in terms of best practice.

”By formalising their documentation and processes and using ISO 27001, FEXCO will be able to continually improve security and continue to raise the bar for the industry, as they have done so well over the years. Certification to ISO 27001 can only serve to improve an already industry-leading business,” said Michael Brophy, Certification Europe’s Chief Executive Officer.

Speaking at the announcement, Mr Liam Scanlan, FEXCO Director said, “The ISO 27001 international certification clearly demonstrates the high level of independently audited security to our customers and other stakeholders, which is applied at the Prize Bonds operation in FEXCO.”

ENDS

For further information, please contact:

Helena Buckley, FEXCO Marketing Manager
Telephone: (066) 9761258
or
Barry Ahern, Business Management Communications
Telephone: (01) 4830832 or (087) 6683574
E-mail: barry.ahern@bmcomms.ie

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